Business service as a sector remains underinvested by private equity and venture capital firms, Jie Gong, Partner, Pantheon Ventures, and a member of the Asia Regional Investment Committee and Global Coinvestment Committee, said in an interaction.
With companies in Asia, especially China, witnessing substantial growth, it will be more efficient to outsource some services, and as the complexity of their operations may require more sophisticated solutions, these firms will need to access best practice in specialist areas, she noted.